GranEnergia to invest $500 mln in Brazil oil platforms

Posted on October 10, 2013

GranEnergia, the logistics and energy arm of Brazilian holding company GranInvestimentos controlled by the Gradin family, will invest $500 million on three offshore oil repair platforms in coming years, the company said in a statement on Wednesday.

The first platform will start serving state-run Petroleo Brasileiro SA, known as Petrobras, in the Campos Basin in 2014. (Editing by Alden Bentley)